| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 11/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 10.63% |
| |
| Delinquency Status (*) | |
| 30+ Days | 17.81% |
| 60+ Days | 14.77% |
| 90+ Days | 12.50% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.59% |
| Foreclosure | 10.49% |
| REO | 1.71% |
| |
| Cumulative Net Loss | 2.72% |
| Loss Severity | 68.58% |
| |
| Prepayment Experience | |
| 1mo CPR | 9.95% |
| 3mo CPR | 9.40% |
| 6mo CPR | 9.88% |
| 9mo CPR | 11.10% |
| 12mo CPR | 11.15% |
| Life CPR | 34.05% |
|